Written Question·Treasury·UIN 18304

Stamp Duty Land Tax

Tabled: 13 July 2026
Answered: 20 July 2026

Question

Adam Dance

Liberal DemocratYeovil

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of abolishing Stamp Duty for downsizers in (a) Yeovil constituency (b) Somerset and (c) England.

Answer

Dan Tomlinson
Stamp Duty Land Tax (SDLT) continues to be an important source of Government revenue, raising around £14 billion each year to help pay for the essential services the Government provides. Abolishing SDLT in any region of the country would be likely to have...

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